• Race Matters: NBA Baller Jeremy Lin Says Colleges And Pro Scouts Were Prejudiced Against Him Because He’s Asian

    There’s a shocker… Jeremy Lin Says Colleges And NBA Scouts Snubbed Him Because He Is Asain Via NYDailyNews Former New York Knicks sensation Jeremy Lin says his ethnicity is to blame for why he was not offered...

    • Posted 41 days ago
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  • Asian Markets Are Up

    Asian markets have opened modestly higher, after the S&P 500 ended its 8-day winning streak. The Nikkei is modestly higher. Remember it has been up after Shinzo Abe came to power on promises of more aggressive stimulus...

    • Posted 109 days ago
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  • The Weekend Is Over, And Asian Markets Are Up

    Asian markets are playing a little catch-up with the U.S. markets, which saw the Dow jump 100 points on Friday. Japan’s Nikkei is up 0.7%. Australia’s S&P/ASX is up 0.4%. Speculation is rising that the Federal Reserve...

    • Posted 264 days ago
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  • The Asian Economy’s ‘Canary In The Coal Mine’ Just Got Crushed

    Goldman Sachs considers Korean trade data to be Asia’s “canary in the coal mine” due to its high correlation to economic activity in mainland Asia. Unfortunately, the canary is looking sick. South Korean July exports plunged 8.8...

    • Posted 290 days ago
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  • Asian Markets Are Modestly Higher

    Asian markets are trading modestly higher on expectations that the Fed will announce QE3, and on reports that Europe might take steps to stem the region’s sovereign debt crisis. Markets are also up after the Dow Jones...

    • Posted 296 days ago
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  • Asian Markets Are Flat After Chinese GDP Missed Expectations

    UPDATE: Asian markets remain mostly unchanged from yesterday’s close following China’s lower-than-expected GDP reading. Japan’s Nikkei is off four points, or less than 0.1 percent. China’s Shanghai Stock Exchange is flat. Meanwhile, Australia’s S&P ASX and South...

    • Posted 309 days ago
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  • Asian Markets Sell Off After Chinese PMI Release

    Update Asian markets are selling off after Chinese flash PMI declined to 48.1, showing manufacturing weakened further in June. Original Japanese stocks moved higher on the Fed’s decision to extend Operation Twist. The yen weakened slightly against...

    • Posted 331 days ago
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  • Asian Markets Are Slipping On Concerns About Europe

    Asian markets rallied after the weekend’s Greek elections, but the market respite is fading. With yields on Spanish 10-year bonds surging, Asian stock markets have started trading lower. Meanwhile, stocks in Japan were also hit by a...

    • Posted 333 days ago
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  • Asian Markets Tumble At The Open, Hang Seng Off 150

    UPDATED: Asian markets have opened for trade and are trading substantively lower, with Hong Kong’s Hang Seng down more than 150 points, or 0.8 percent, to 18,876. Japan’s Nikkei is off 0.7 percent to 8,526 in response to a...

    • Posted 338 days ago
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  • US declares India a “lynchpin” in its Asian strategy

    Defence Secretary Panetta called for greater US-Indian military cooperation during his visit last week to New Delhi. World Socialist Web Site

    • Posted 339 days ago
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